Aes corp reaffirms fy 2019 adjusted earnings per share view $1.30 to $1.38

Aes provides update on regulatory developments at dp&l in ohio; reaffirms 2019 guidance and growth rate through 2022.reaffirms fy 2019 adjusted earnings per share view $1.30 to $1.38.aes- puco modified dayton power & light's (dp&l) rates, removing annual distribution modernization rider (dmr) currently in place through october 2020.dp&l expects to withdraw its current electric security plan (esp 3).reaffirms 2019 parent free cash flow expectation of $700 million -$750 million and its average annual growth rate target of 7% -9% through 2022.public utilities commission of ohio ordered dp&l to file new rates reflecting change by no later than november 29, 2019.aes says "disappointed with puco's decision, but we expect dp&l to continue to work with commission staff in order to reach a constructive outcome".
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